DWCR — Arrow DWA Tactical: International ETF
Data updated: 2025-06-26
DWCR — Arrow DWA Tactical: International ETF. United States Multi-Cap / All-Cap Blend / Core Equity · $6.08M AUM. Holdings, fees, performance and SEC filings.
DWCR Fund Overview
DWCR — Arrow DWA Tactical: International ETF is a US ETF managed by Arrow Investments Trust, categorised as United States Multi-Cap / All-Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Arrow Investments Trust
- Category: United States Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $6.08M
- 1-year return: 2.5%
- Ticker: DWCR
- SEC CIK: 0001527428
- SEC series ID: S000059857
- Share class ID: C000195837
DWCR Investment Objective and Strategy
Arrow DWA Tactical: International ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Arrow Investments Trust.
Investment objective
The Fund seeks long-term capital appreciation by tracking the investment results of the Dorsey Wright Country and Stock Momentum Index (the Index).
Principal investment strategy
Under normal circumstances, substantially all of the Funds total assets will be invested in the component securities of the Index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities (e.g., depositary receipts, exchange traded instruments). Strictly in accordance with its guidelines and mandated procedures of the index provider, the index selection methodology consists of long positions in the equity markets of foreign countries exhibiting relatively strong momentum characteristics among the foreign universe. The foreign universe will be composed of countries from the developed and emerging markets, excluding the United States. There is no consideration given to the allocation among developed and emerging markets; the strategy of the Index will allocate among them depending on global price trends.
In general, momentum is the tendency of an investment to exhibit persistence in its relative performance; a momentum style of investing emphasizes investing in securities that have had better performance compared to other securities. The Index selects at least ten countries with the highest relative strength among the universe of 41 foreign countries on a quarterly basis. The countries identified are given equal weight. For each country identified, between five to ten equity securities within that country universe are selected with the highest relative strength. The securities identified are equally weighted. The Index looks at a companys location and economic ties in determining its country designation. Relative strength investing involves buying securities that have appreciated in price more than the other securities in the country universe and holding those securities until they underperform.
The strategy is entirely based on market movement of the countries and relative strength of the securities within those countries, and there is no company fundamental data involved in the analysis. The process is systematic and is repeated quarterly. The adviser expects that, over time, the correlation between the Funds performance and that of the Index, before fees and expenses, will be 95% or higher. The Fund may concentrate its investments in a particular industry or group of industries to the extent that the Index concentrates in an industry or group of industries. The Fund will generally use a replication strategy to seek to achieve its investment objective, meaning the Fund will invest in all of the component securities of the Index in the same approximate proportions as in the Index, but may, when the adviser believes it is in the best interests of the Fund, use a representative sampling strategy, meaning the Fund may invest in a sample of the securities in the Index whose risk, return and other characteristics closely resemble the risk, return and other characteristics of the Index as a whole.
The Fund may also invest its assets in cash and cash equivalents, other investment companies, as well as securities and other instruments not included in the Index but which the Adviser believes will help the Fund track the Index. For example, the Fund may invest in securities that are not components of the Index to reflect various corporate actions and other changes to the Index (such as reconstitutions, additions and deletions).
DWCR Holdings
Top 10 holdings of Arrow DWA Tactical: International ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Ishares Inc | 10.37% |
| Ishares Inc | 10.29% |
| iShares Trust | 10.27% |
| Ishares Inc | 10.26% |
| Ishares Inc | 10.16% |
| Ishares Inc | 10.09% |
| Ishares Inc | 10.02% |
| Global X Funds | 9.77% |
| Ishares Inc | 9.74% |
| iShares Trust | 9.25% |
DWCR Portfolio Allocation
Asset-class allocation of Arrow DWA Tactical: International ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.2% |
DWCR Performance
Total returns for DWCR (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 2.5% |
| 3 years (annualised) | 2.5% |
| 5 years (annualised) | 8.8% |
DWCR Risk Information
Risk metrics for DWCR, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.0%
DWCR Costs and Fees
DWCR costs about $166 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.66%
- Gross expense ratio: 3.39%
- Portfolio turnover: 138%
- Brokerage commissions: 7.32 bps of average net assets (SEC N-CEN)
DWCR Cashflows
Over the 12 months to 2025-04, Arrow DWA Tactical: International ETF had net outflows of $1.41M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-04 | $0 |
| 2025-03 | $0 |
| 2025-02 | $0 |
| 2025-01 | $0 |
| 2024-12 | −$1.41M |
| 2024-11 | $0 |
DWCR Debt Constituents
No individual debt constituents are reported in Arrow DWA Tactical: International ETF's latest SEC N-PORT filing.
DWCR Prospectus and SEC Filings
Official Arrow DWA Tactical: International ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-11-27
- Prospectus (485BPOS) — filed 2023-11-28
- Prospectus supplement (497) — filed 2024-04-02
- Portfolio holdings (N-PORT) — filed 2025-06-26
- Portfolio holdings (N-PORT) — filed 2025-03-26
- Portfolio holdings (N-PORT) — filed 2024-12-27
- Annual census (N-CEN) — filed 2024-10-11
- Annual census (N-CEN) — filed 2023-10-13
Related Funds
Other United States Multi-Cap / All-Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.